Monday, September 28, 2015

Yangzijiang: Breakdown spotted on Friday ! now 1.115...

Trend turning down as predicted?

Sent: Friday, September 25, 2015 9:24 AM
Subject: ******** Yangzijiang: Weakness as temp support breaks down, price 1.135
Yangzijiang seems to have broken below the 1.14 support level on strong volume today, that has held for about 2 weeks. If it stays below 1.14 – 1.15 over the next few days, we may start to see it retrace back to 1.10 then 1.06 which was the low last month. RSI and Stochastic and beginning to reverse lower too.  CFD SELL can be used to ride the downside with buy stop loss at 1.155.

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